Stock Market

Nasdaq Dips 0.4% as U.S. Stocks Retreat from Highs

Quick Look: U.S. stocks falter as late-day trading erases early gains. Nasdaq Composite sees a late-session dip, closing down 0.4%. Economic data focus: Durable goods orders rise, consumer confidence stagnates. In a surprising turn of events, U.S. stocks relinquished their gains towards the close of Tuesday’s trading session. This shift interrupted the record-breaking rally that …

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The stocks rose in Wall Street as another rate hike seems likely

Wall Street Soars to Record Highs Amid Rate Cut Expectations

Quick Look Wall Street hits new record highs with Dow nearing the 40,000 mark for the first time. Reddit’s NYSE debut sees shares soaring, valuing the company at $10.9 billion at its peak. Fed maintains rate, fueling investor optimism with a 74% expectation of rate cuts starting June. Global stocks rally as Swiss National Bank …

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Reddit Logo on a leather background with candlesticks overlay

Reddit’s IPO Surge: A Snapshot of Investor Enthusiasm in Tech

Quick Look Reddit shares soared 48% on debut, marking a significant IPO since Pinterest in 2019. The company was valued at approximately $9.5 billion post-IPO, with significant interest in tech stocks amidst a dry spell. Revenue increased to $804 million in 2023, signalling a shift towards profit with strategic focuses, including AI data licensing. Reddit, …

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Volatile stocks stabilise in anticipation of job reports

Buffett’s Energy Plays: Why Chevron and Occidental Are in Focus

Quick Look Buffett enhances stakes in Chevron and Occidental Petroleum Chevron’s valuation and prospects in carbon capture spotlighted Occidental adjusts strategy amidst challenges, Buffett buys more shares Analysts’ perspectives on the investments In the investment landscape, few names resonate as profoundly as Warren Buffett’s, whose strategic moves offer a masterclass in financial acumen. Recently, Buffett …

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Chinese electric commercial vehicles overtaking Tesla

The Future of Tesla: Analyzing Stock Trajectories and Innovations

Quick Look Tesla’s stock struggles amid a broader EV demand decline. Analysts forecast potential recovery and innovation driving future growth. Upcoming models and market challenges shape Tesla’s investment outlook. Tesla (NASDAQ: TSLA) finds itself at a crucial juncture, navigating through a series of challenges and market dynamics that have significantly impacted its stock performance. Recent …

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TMN - Supermicro

Super Micro’s Strategic Share Sale Amidst AI Boom

Quick Look Super Micro Computer Inc. announced a sale of 2 million shares at $875 each. The company’s stock has experienced significant fluctuations following the announcement. Funds raised aim to bolster operations, including inventory purchases and R&D investments. Super Micro Computer Inc., a leading player in the data centre and AI computing sphere, recently unveiled …

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An Overview to Different Types of Stock and How They Work

Navigating the Mortgage Maze

Quick Look Mortgage rates differ significantly across lenders and loan types. Fixed-rate and adjustable-rate mortgages offer distinct advantages, depending on your financial situation. Government-backed loans, credit scores, down payments, and points influence lenders’ rates. Embarking on the journey to homeownership necessitates securing a mortgage, often the largest financial commitment one undertakes. This intricate process, fraught …

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